NEWS
Rick Kment DTN Analyst
Wed Aug 6, 2014 09:25 AM CDT

OMAHA (DTN) -- Gains seen overnight in lean hog futures have continued to hold during early trade. Nearby futures are holding gains of 40 cents to $1 per cwt as traders are more focused on squaring positions following Tuesday's price slump than reestablishing a longer-term market trend. The expectation that cash values may continue to weaken could limit late day buyer support in the lean hot market. Moderate losses are holding across the cattle complex. Selling interest appears to have slowed, which could help to bring some midday stability to the complex.

(KA)

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